Credit Analyst

EMCO Corporation; Toronto; On-site; CAD 50,000 - 75,000; Full time

Job summary

A leading company in the construction industry is seeking a Credit Analyst in Toronto. The role involves evaluating credit applications, managing customer accounts, and ensuring healthy relationships. Candidates should have a degree in finance or business, with strong analytical and interpersonal skills. EMCO Corporation offers a supportive culture, competitive salary, and opportunities for professional growth.

Benefits

Great mentors and on-the-job training

Growth potential with competitive salary

Participation in pension plan

Work-life balance and flex time

Qualifications

• Minimum 1+ year of credit or finance experience.
• Proficient in English; French is an advantage.
• Commit to 40 hours of training annually.

Responsibilities

• Evaluate credit applications and determine credit risk.
• Collect payments while maintaining customer relationships.
• Prepare delinquent accounts for collection.

Skills

Analytical skills

Interpersonal skills

Communication skills

Team player

Business judgment

Education

University degree – finance / business / accounting

Certified Credit Professional designation

Tools

Microsoft Office

Credit software system

Job description

The Credit Analyst is responsible for credit application evaluation, approval and administration of customer accounts, collection of funds while maintaining healthy, profitable customer relationships, within the company’s acceptable levels of risk. The position has a hybrid work arrangement.

Job Duties

• Review new customer applications, determine credit risk, and approve new accounts.
• Set and adjust account credit limits collaboratively with Profit Centre Managers and the Credit Manager, as required.
• Inform Profit Centre Managers when there is a change in a customer’s business that might have a negative impact on their credit.
• Collect from customers while maintaining healthy customer business relationships.
• Partner with the sales team to create action plans for higher-risk accounts.
• Investigate and resolve customer disputes; address short payments in a timely fashion, meeting or exceeding customers’ expectations.
• Maintain detailed notes in the computer system for each account.
• Prepare delinquent accounts for third-party collection, construction liens, and bad debt write-offs.
• Obtain required documentation including personal guarantees and letters of direction payment.
• Uphold and exercise at all times Emco’s Core Values.
• Perform any other work-related duties as requested by the Credit Manager.

Qualifications

Knowledge, Skills and Abilities

• Team player.
• Possess excellent interpersonal skills and sound business judgment.
• High energy with strong communication skills.
• Excellent analytical skills.
• Ability to reconcile accounts.
• Able to handle multiple tasks and prioritize work load.
• Good understanding and interpretation of credit bureau reporting.
• Knowledge of the construction industry is preferred.
• Able to learn and operate the Credit software system.
• Commit to a minimum of 40 hours in training and personal development annually.
• Proficient in English, French is an advantage.

Education and Experience

• University degree – finance / business / accounting is preferred.
• Working towards a Certified Credit Professional designation or ready to start studies. Tuition fees are reimbursed upon successful completion of each CCP program course.
• Minimum 1+ year of credit or finance experience.
• Proficient user of Microsoft Office software.

Additional Information

Why Join Our Team?

EMCO Corporation is one of Canada’s largest integrated wholesale distributors of plumbing, HVAC, waterworks, and industrial products for the construction industry. We have endless opportunities for you to grow and develop in your career and a culture that prides itself in supporting you every step of the way!

In addition, we will offer you :

• Great mentors and on-the-job training
• Growth potential with competitive salary, benefits, and profit sharing
• A career with a solid, stable company with strong core values
• Participation in our pension plan with employer contributions
• Work-life balance and flex time

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